Pune: Man with property worth crores gets daughter admitted under RTE quota, investigation demanded
Rte QuotaEducationCorruptionSangli DistrictPuneReal Estate PuneSep 04, 2024

The RTE quota is a reservation of 25% seats in private schools for students from economically weaker sections.
Abhijit Narayan Gorad is a resident of Upale-Mayani, Kadegaon Taluka, Sangli District, who has been found to have taken admission of his daughter under the RTE quota despite having a property worth crores.
The annual turnover of Gorad's clothing shop is Rs 1.5 crores, although the actual figure is said to be Rs Three crores.
An investigation is demanded against Gorad because he took admission of his daughter under the RTE quota despite having a high financial background, depriving a needy student of the opportunity.
The request to the government is to take strict action against Gorad as soon as possible.

Mumbai-based Keystone Realtors has raised Rs 800 crore by selling shares to institutional investors

The Kerala police have handed over the missing case of Mohammad Attur, a prominent real estate businessman, to the Crime Branch to prevent a CBI investigation.

The residential property market in Noida and Greater Noida witnessed a 6% surge in registrations during the July-September quarter, with a total of 8,128 units sold, according to real estate consultant Square Yards.

Mumbai's real estate market is on track to register 1,41,302 property registrations in 2024, marking an 11% increase from the previous year. The market is showing resilience and a growing preference for premium and spacious homes.

In 2025, we can expect a significant rise in commercial real estate activity in Tier-II and Tier-III cities across India, driven by factors such as low operating costs, ample space, skilled talent, and infrastructure development.

The Maharashtra Transport Minister, Pratap Sarnaik, has called on the Confederation of Real Estate Developers’ Associations of India (CREDAI) to participate in the development of 1,360 hectares of land owned by the Maharashtra State Road Transport Corpora